GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Athena Investments A/S (GREY:GRTSF) » Definitions » Liabilities-to-Assets

Athena Investments A/S (Athena Investments A/S) Liabilities-to-Assets : 0.43 (As of Jun. 2020)


View and export this data going back to 2015. Start your Free Trial

What is Athena Investments A/S Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Athena Investments A/S's Total Liabilities for the quarter that ended in Jun. 2020 was $58.30 Mil. Athena Investments A/S's Total Assets for the quarter that ended in Jun. 2020 was $137.19 Mil. Therefore, Athena Investments A/S's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2020 was 0.43.


Athena Investments A/S Liabilities-to-Assets Historical Data

The historical data trend for Athena Investments A/S's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Athena Investments A/S Liabilities-to-Assets Chart

Athena Investments A/S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.53 0.50 0.47 0.43

Athena Investments A/S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.47 0.61 0.43 0.43

Competitive Comparison of Athena Investments A/S's Liabilities-to-Assets

For the Utilities - Renewable subindustry, Athena Investments A/S's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Athena Investments A/S's Liabilities-to-Assets Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Athena Investments A/S's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Athena Investments A/S's Liabilities-to-Assets falls into.



Athena Investments A/S Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Athena Investments A/S's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2019 is calculated as:

Liabilities-to-Assets (A: Dec. 2019 )=Total Liabilities/Total Assets
=61.399/142.516
=0.43

Athena Investments A/S's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2020 is calculated as

Liabilities-to-Assets (Q: Jun. 2020 )=Total Liabilities/Total Assets
=58.3/137.185
=0.42

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Athena Investments A/S  (GREY:GRTSF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Athena Investments A/S Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Athena Investments A/S's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Athena Investments A/S (Athena Investments A/S) Business Description

Traded in Other Exchanges
N/A
Address
Harbour House, Sundkrogsgade 21, Copenhagen, DNK, 2100
Athena Investments A/S is a Denmark based investment holding company. The company's activities include the operation of renewable energy plants and are focused on two technologies: Wind power and Solar power. Geographically, it is located throughout Italy, Spain, Denmark, Germany, and Poland. The vast majority of its revenue flows from wind power technology through the Italy region. The company has discontinued its current operations and looking for new business opportunities.

Athena Investments A/S (Athena Investments A/S) Headlines

No Headlines